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Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track. But rising costs for materials and labor threaten to snarl these plants once again. Two developers with projects sidelined due to the U.S.-China trade war – Energy Transfer with its ...
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HOUSTON — Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on…
Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S.
Materials prices have shot up 20% in the past two years while gas compressors are 30% costlier, construction and energy experts said. Metals required for LNG projects are in short supply due to Russia's invasion of Ukraine and could add another 10% to costs.